Deepinder Goyal

New media venture in India helping readers discern signal from noise

An Indian upstart co-founded by a group of journalists, which seeks to disrupt how people follow news and what they consume, has raised funds as it prepares to accelerate its growth and broaden its of

Ultrahuman raises $17.5M, touting a wearable blood glucose tracker

Fitness platform Ultrahuman has officially announced a $17.5 million Series B fundraise, with investment coming from early stage fund Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners,

India’s Zomato raises $100M from Tiger Global, says it is planning to file for IPO next year

Indian food delivery startup Zomato has raised $100 million from Tiger Global and is preparing for the next phase of its journey: an IPO. Tiger Global financed the capital through its investment vehic

India’s Zomato raises $62 million from Temasek

Indian food delivery startup Zomato has raised $62 million from Temasek, resuming a financing round that it originally expected to close in January this year. Singapore’s state investment arm Te

A glint of hope for India’s food delivery market as Zomato projects monthly cash burn of less than $1M

Food delivery startups in India have been struggling to make financial sense for years. They have each lost as much as $50 million a month to win and sustain customers by offering heavy discounts. And

Indian food delivery startup Zomato cuts 13% of workforce

Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce and enforcing a pay cut for remaining employees. The moves come as it looks to reduce costs and survive the corona

Startups, VCs in India request ‘relief package’ from the government to fight coronavirus disruption

More than six dozen startup founders, venture capitalists and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their bu

Investors tell Indian startups to ‘prepare for the worst’ as COVID-19 uncertainty continues

Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital as prominent investors urg

Uber all set to sell Uber Eats’ India business to Zomato

Uber is in advanced stages of talks to sell its food delivery service Uber Eats in India to local rival Zomato as the American ride-hailing giant looks to cut its global spending, three people familia

Restaurant Discovery Site Zomato Eats Up $60M To Fuel Expansion Into New Verticals

Zomato, the India-based restaurant discovery site, has closed $70 million in new funding as it looks to push into new verticals including food delivery, payments, table reservations and more.